IDDBA SUPPLY CHAIN Panel Discussion 6 March 2022
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Our commitment to customers Technology Information Global suite of built by and for advantage People you can servicesTM supply chain driving smarter rely onTM expertsTM solutionsTM Work with a provider that Tailored, market-leading Drive better outcomes can reliably meet all of solutions that work for for your business by Our global network your logistics services supply chain professionals taking advantage of of experts acts as an and technology needs and drive supply chain our experience, data, extension of your team today and in the future outcomes and scale © 2022 C.H. Robinson Worldwide, Inc. All rights reserved .
Today’s Headlines 1) Trends Changing Shopping Behavior and Inventory Strategy • Omnichannel / eCommerce continue growth • Rising inflation means consumers shop differently • New retail formats to keep / grow market share 2) 2022 Supply Chain Trends – Surface Transportation • Long term labor challenges • Potential tractor trailer shortage • Freight volume and capacity growth © 2020 C.H. Robinson Worldwide, Inc. All rights reserved.
Market Forces | February 2022 Increased Overall Share from Digital in CPG Omnichannel Is Anticipated in 2022 Note: E-commerce data is based on projected receipt-based sample and reported data with varying levels of granularity and accuracy available. Source: IRI Omnichannel, data. IRI Executive Insights. © 2021 C.H. Robinson Worldwide, Inc. All rights reserved. © 2021 Information Resources Inc. (IRI). Confidential and Proprietary.
Market Forces | February 2022 2021 Ends with High, Rising Inflation, Crossing Key Thresholds into 2022 Note: Dollar sales-weighted price per volume change across categories. 2007-2010 based on Grocery, Drug and Mass channel excluding Walmart. Excluding perishables. 2011-current based on total multi-outlet with Convenience, including perishables. Source: IRI POS data ending 10/31/21. IRI Executive Insights © 2021 C.H. Robinson Worldwide, Inc. All rights reserved. © 2021 Information Resources Inc. (IRI). Confidential and Proprietary.
Market Forces | February 2022 What consumers are saying about how will their behavior will change? © 2021 C.H. Robinson Worldwide, Inc. All rights reserved. Source: Numerator Inflation Survey | 9/25/2021 n=14,287
Today’s Headlines – New Shopping Formats • ‘Check-Out Free’ Stores Succeeding • Amazon Fresh and Amazon Go operating 20 locations and counting • Albertsons, Sam’s Club also trialing this store format • ‘Ghost’ Delivery Options • Traditional retailers are exploring this store format and are expanding into markets where they don’t operate physical locations • Automated ecommerce fulfillment centers using order-picking robots • These store formats allow retailers to optimize warehouse space & inventory because they don’t need to worry about layouts for shoppers © 2021 C.H. Robinson Worldwide, Inc. All rights reserved.
SUPPLY 2022 Trucking Employment Unlikely to Keep Pace with Demand • Long-haul truckload employment down • Baby Boomer retirement bubble • Fewer 21-year-olds • Drive Safe Act helps but does not solve • Women is key demographic to solve © 2021 C.H. Robinson Worldwide, Inc. All rights reserved.
Capacity Capacity showing great recovery from 2019 • 3.1% Y/Y growth for tractors under 11 years old • Over 11-year-old fleet contracted past 2 years • Net gain of fleet just under 3% © 2022 C.H. Robinson Worldwide, Inc. All rights reserved.
Volume Truckload volume forecasted at 3–4% 2022 volume forecasts • ACT: 3% • CASS: 3% • FTR: 3.3% Dry van truckload ranges ~3–4.3% Y/Y © 2022 C.H. Robinson Worldwide, Inc. All rights reserved.
Thank you © 2022 C.H. Robinson Worldwide, Inc. All rights reserved.
Importer Perspective: execution events + real-time GPS • GPS combined with B2B messaging and execution SHIPMENTS • Origin to destination, multi-leg, multi-mode • Business context required for actionable insights ORDERS • Status and projected arrival vs promised date • Inventory in-transit INVENTORY • Projected availability, location and date ORIGIN INTERCONTINENTAL INLAND Pre - Origin Export Port Port of Import Destination Warehouse Shipment 3PL CFS Customs of Load Discharge Customs 3PL CFS Receiving 15 Copyright © 2018. Infor. All Rights Reserved. www.infor.com
Project Management_Packaging Perspective Alignment on Realistic Timelines Key Areas of Focus • Forecast • Develop and Agree on Realistic Timelines • Identify delays in packaging • Identify delays in labor, trucking • Collaborate: build a Timeline together with the customer Infor Confidential Copyright © 2018. Infor. All Rights Reserved. www.infor.com 16
Conclusion: How to Improve • Creates Efficiencies. Better the Forecast, better the FORECAST shelf life and greater chance to take costs out of supply chain. PROJECT • Leverage relationships with vendors, collaborate on MANAGEMENT realistic timelines and identify solutions OVER- COMMUNICATE • Surprise Dinner Guests… Infor Confidential www.infor.com Copyright © 2018. Infor. All Rights Reserved. www.infor.com 17
IDDBA – Retail Management Forum Liz Sertl, Sr. Director Community Engagement March 6, 2022
Antitrust Caution GS1 US is committed to complying fully with antitrust laws. We ask and expect everyone to refrain from discussing prices, margins, discounts, suppliers, the timing of price changes, marketing or product plans, or other competitively sensitive topics. If anyone has concerns about the propriety of a discussion, please inform a GS1 US® representative as soon as possible. Please remember to make your own business decisions and that all GS1 Standards are voluntary and not mandatory. Please review the complete GS1 US antitrust policy at: www.gs1us.org/gs1-us-antitrust-compliance-policy © 2022 GS1 US All Rights Reserved 19
Who is GS1 © 2022 GS1 US All Rights Reserved 20
More than GS1 US® serves more 6 billion than 300,000 GS1 barcodes are businesses in the scanned everyday United States. More than GS1 US serves over 25 Over 30 million industries including products are registered by 1.5 million retail grocery, food brand owners in the GS1 companied around the service, health care, Global Data world use GS1 Standards apparel, and general Synchronization merchandise Network™ (GDSN) Over GS1 is made up of 25 million 110+ member products are assigned organizations U.P.C.’s in the GS1 US Data Hub Product Tool serving businesses around the world © 2022 GS1 US All Rights Reserved
One Common Language The only way businesses big or small can move forward is to work together. They need to be able to understand each other anywhere in the world. Business requires a common language, and we make that possible. © 2022 GS1 US All Rights Reserved 22
The Global Language of Business GS1 Standards make it possible to identify, capture, and share information automatically and Identify accurately about products, business locations, and more. This way anyone who wants that information can understand it, no matter who or where they are. Capture Share © 2022 GS1 US All Rights Reserved 23
GS1 Standards © 2022 GS1 US All Rights Reserved 24
Knowing the Location of your Product – Throughout Its Lifecycle Where was this product manufactured? Is this product recalled? Who is the brand owner? © 2022 GS1 US All Rights Reserved 25
Supporting Industry Readiness GS1 Standards help supply chain partners communicate in a common language across the supply chain © 2022 GS1 US All Rights Reserved 26
Speaking the Same Language © 2022 GS1 US All Rights Reserved 27
Critical Tracking Events / Key Data Elements Critical Activities in the supply chain that must be recorded by the capture of Tracking key information about a business step for product movement in the supply chain. Typically, these events involve a product’s Events transformation, transportation, or depletion. Key Data The attributes to describe/support the critical tracking event; this Elements data answers the What, Where, When, Who and Why of the event. © 2022 GS1 US All Rights Reserved 28
Modeling the Supply Chain © 2022 GS1 US All Rights Reserved 29
Shifting Gears © 2022 GS1 US All Rights Reserved 30
WHY Soaring consumer expectations and business needs for more data require advanced barcodes. U.P.C. only holds basic product identification. WHAT Supply and demand side trading partners need to transition to label with and scan 2D barcodes to capture more data. HOW Getting started to test 2D barcode capabilities and pilot implementations to be able to share more data by 2027. © 2022 GS1 US All Rights Reserved
It opens the door to what matters…. Inventory Safety Management Traceability Consumer Improved Sustainability Engagement Packaging © 2022 GS1 US All Rights Reserved 32
GS1 US Resources Food Safety Resources & Getting Started New Era of Smarter Food Safety GS1 US Supply Chain Visibility Sunrise 2027 © 2022 GS1 US All Rights Reserved 33
Contact Information Liz Sertl Sr. Director – Community Engagement | GS1 US 300 Charles Ewing Boulevard, Ewing, NJ 08628 M +1 317.704.5725 E lsertl@gs1us.org © 2022 GS1 US All Rights Reserved 34
Trademark Notices DataBar®, EAN®, EPC®, EPCglobal®, GDSN®, GS1 Global Registry®, GTIN®, and Global Trade Item Number® are registered trademarks of GS1 AISBL. GS1 US® and design is a registered trademark of GS1 US, Inc. Trademarks appearing in this presentation are owned by GS1 US, Inc. unless otherwise noted, and may not be used without the permission of GS1 US, Inc. The letters “U.P.C.” are used solely as an abbreviation for the “Universal Product Code,” which is a product identification system. They do not refer to the UPC, which is a federally registered certification mark of the International Association of Plumbing and Mechanical Officials (IAPMO) to certify compliance with a Uniform Plumbing Code as authorized by IAPMO. © 2022 GS1 US All Rights Reserved 35
IDDBA SUPPLY CHAIN Panel Discussion
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